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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Saturday, 5 January 2013

Is this situation similar to last April/May,with the triple top and then subsequent top ? If so it behoves us to be patient.Price is too extended from the red mvg ave to be risking shorts here and the swing chart is trending up.Two signs that it may be worth shorting the market would be a black candle breaking the mvg ave (ideally with some force) and another cross on macd.I have some cycles coming in around the 14th-16th so lets wait

One thing in the bears' favour is how weak the rally in AAPL has been from the triple bottom.The weekly candle was a bearish shooting star. This does not bode well








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